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I don’t understand. Someone explain the joke to me please
Something that cute has no business being so fkin dangerous
I’m ashamed of laughing at this.
Ok, rant time.
This is how the market is SUPPOSED to work: Demand high, supply low. Suppliers rush in to increase supply with the incentive of profit. Eventually, supply increases and profits become razor thin. Consumers (average folk) win.
BUT, there are certain sectors where monopolies/oligopolies form naturally. Not necessarily because companies are evil, but because it’s simply economically more efficient to do so. Rail being the best example. Why would another rail company build a parallel track to an already existing freight corridor that connects 2 companies?
Banks require to pass through a lot of financial regulation (as they should). Hence, oligopolies form naturally. Same with telecom.
NOW. Let’s look at our utopic market again. Profits should be high where supply hasn’t met demand. NOT where supply and demand are the same. This is very good for those owning the companies (capitalists), but not good for the consumers (us). In our ideal market, this profit reduction happens due to competition. However, we have established that some sectors naturally are prone to less competition.
Banks posting record profits (when banking isn’t exactly a sector that requires crazy investment to meet allegedly crazy increasing demand) is bad for the average person. Same with companies that are in sectors where not much investment is needed. Groceries being an example.
So what do we do to reduce profits in such sectors so that a handful of people aren’t ripping us off? Here’s my opinion:
The state should force oligopolies/monopolies to become consumer cooepratives. If this is too politically infeasible, then raise capital, start a state owned corp and immediately shift the operations to a consumer cooperative (of which every citizen is a member by default).
So TLDR: The stock market booming isn’t always a good thing. Sure, actually innovative corps posting record profits (from the new stuff they’ve worked on) can be a good thing. BUT, boring ass corps which aren’t exactly innovating posting increasing profits means that the consumer (us) is getting ripped off.
Elon’s new soulless art generator
Schizophrenia is a serious mental health condition that affects how people think, feel and behave. It may result in a mix of hallucinations, delusions, and disorganized thinking and behavior. Hallucinations involve seeing things or hearing voices that aren’t observed by others.
China isn’t as successful at imperialism as the Americans. The American ruling class is just… Too good at being evil.
Doesn’t mean that China and Russia aren’t imperialist though. They’re just unable to beat the US… For now…
It’s matrices all the way down
wraekscadu@vargar.orgto
Lemmy Shitpost@lemmy.world•Dr. Jesus, healing the inbred. (colorized)
4·29 days agoThe little girl on the left with adult hands… So fkin funny lol
Will have to try it out next time. Thank you for the tip 🍆💦
Lol yeah, if you don’t like what you see… Just close your eyes! ¯\_(ツ)_/¯
#blessyourkidneystones
Racist post. I hope it isn’t tolerated by the community.
Do activists with a messiah complex exist? Yes. Are they annoying? Yes. Should folks considered “white” and politically “liberal” be generalized into having this attribute? No. It’s racist to do so.
OP is quite bigoted and should know better.
I don’t necessarily boycott businesses just to achieve some higher purpose like beating fascism away or whatever- most of the time it’s cuz I know the owner(s) are assholes to their workers. Fuck those guys. Plus, most food served outside is inferior to the one I make at home, so not much of value is lost.
wraekscadu@vargar.orgto
Lemmy Shitpost@lemmy.world•If you are sitting behind him on a plane... you better behave yourself
7·2 months agoIf I ever have kids in the future, and if my kids do this seat kicking bullshit, I give total permission to this distinguished individual to eat my kid.
Hey, funny picture, though could you please not link to Musk’s platform? He’s kind of a dick, n we don’t really like supporting his businesses here. Sorry <3
wraekscadu@vargar.orgto
Lemmy Shitpost@lemmy.world•I was on social media before web browsers existed. I am Legion.
2·2 months agoWhy’s that? What part from that era would you like to see again today if you could?
I sympathize with OP tbh. While babies being murdered is bad, I want SOME TIME in my life where I don’t have to think about that for the sake of my own survival.